Contractors wishing to perform work in the City of Gallatin, Tennessee must post a Contractors Permit Surety Bond with the city to guarantee compliance with and conformance to all codes, laws and ordinances of the City relating to, but not limited to, excavation and construction in the public right-of-way, building, grading, plumbing, gas/mechanical, housing, fire, health and zoning; that this obligation shall further bind the Principal and Surety for any damage to property of the City resulting from contractors of the Principal, such as but not limited to streets, roads, curbs, gutters, water, sewer and storm water drainage lines, sidewalks, alleys, traffic signs and signals, and for the costs of repairs incurred by property owners resulting from the failure of the Principal to comply with and conform to the above mentioned, codes, laws and ordinances of the City.